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Electric Vehicles

Automotive Market Growth:

  • All new ICE to be phased out by 2030 in the UK; a global trend beyond the UK
  • Onshoring of EV supply chain production to avoid tariffs enhances UK battery cell viability
  • Government commitment to spend up to £1bn, alongside other funding commitments, to attract investment in electric vehicle supply chains and R&D

Global automotive market:

  • The global automotive battery market is forecast to grow to $103bn by 2030, a CAGR of 6.57% from its 2021 size of $44bn in 2021
  • The compelling opportunity in automotive is for a high power cell

Differentiated cell production:

  • Opportunity to meet strong demand for high energy density battery solutions
  • Ultra High-Power addressable market at £1bn with high barriers to entry


Addressable market £6bn p.a.; UK Government commitment to spent up to £1bn to attract investment in EV supply chains and R&D


UHP 300x100 1

Ultra High-Power (UHP):

Developed with the automotive industry for high-performance vehicles, our Ultra High-Power cell can deliver consistent power at a very high rate (>35C).  It is now being included in leading OEM development and motorsport programmes. Ultra High-Power is also designed to deliver torque for heavy goods vehicles. Prototypes are available now.  The Ultra Safe pouch cell is based on a new cell chemistry, sodium-ion. This product is aimed at the energy storage market and is transformational given its safety and cost advantages.

ULTRA SAFE 01

Ultra Safe (US):

Lithium-ion chemistry isn’t right for every application and AMTE is one of the only UK manufacturers developing viable, alternative sodium-ion cells for energy storage systems that will deliver the full potential for renewable power from solar and from wind – conserving green energy for the UK/Australian grids and for our homes.  This is an essential part of securing the UK and Australia’s domestic energy supply.

The Ultra Safe pouch cell is based on a new cell chemistry, sodium-ion. This product is aimed at the energy storage market and is transformational given its safety and cost advantages.

24700 1

Ultra Energy (UE):

Available in 2170 cylindrical cell format, Ultra Energy is designed to give market-beating range and energy density, optimising AMTE Power IP and that of our partners. Prototypes are available now.

Energy Storage

Energy Storage Market Growth drivers:

  • Growing environmental concerns, increasing regulation and political pressure to move away from fossil fuels to renewable energy sources
  • UK government commitment to decarbonisation and “Road to Zero”: ambition for clean sources to generate 100% of electricity by 2035.
  • Energy storage key to decarbonisation of power by 2035
  • Market estimates suggest electricity storage capacity needs to triple by 2030 to accommodate rise in renewable energy production

Energy Storage global market opportunity

  • $262 billion cumulative investment between 2021 and 2030 (BNEF Global Energy Storage Outlook 2021) and $100 trillion of investment expected by 2050.
  • Energy storage batteries to grow 21% per annum from 23GWh p.a. in 2020 to 155GWh p.a. in 2030 (Bloomberg NEF 2019)
  • Huge need to fulfil anticipated demand for large scale energy storage to meet fluctuations in supply and demand as proportion of clean energy rapidly increases

Differentiated cell production

  • Safe, low cost storage is key; AMTE Power has a highly differentiate product: Ultra Safe cell based on sodium ion technology
  • UK & Australia total addressable market of £4bn in energy storage


Addressable market
£5bn p.a.


AMTE Power

Head Office

Bee House
140 Eastern Avenue
Milton Park
Oxfordshire
OX14 4SB

+44 (0) 1235 854 006

Production HQ

Denchi House
Thurso Business Park
Thurso
Caithness
KW14 7XW

+44 (0) 1847 867200

UK
battery
pioneers

hello@amtepower.com

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